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Diversity, stability and regional growth in the U.S. (1975-2002)

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Author Info
Jürgen Essletzbichler ()
Abstract

This paper summarizes the theoretical arguments from evolutionary theory and ecological economics to put the trade-off between regional economic diversity and regional economic growth on stronger theoretical foundations. Hypotheses are tested using an empirical model that links regional economic diversity to stability and growth using data on 177 BEA areas of the continental United States during the period (1975-2002).

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File URL: http://econ.geo.uu.nl/peeg/peeg0513.pdf
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Publisher Info
Paper provided by Utrecht University, Section of Economic Geography in its series Papers in Evolutionary Economic Geography (PEEG) with number 0513.

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Length: 27 pages
Date of creation: Sep 2005
Date of revision: Sep 2005
Handle: RePEc:egu:wpaper:0513

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Keywords: evolutionary economics; ecological economies; diversity; stbility; regional growth;

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  5. Duncan Black & Vernon Henderson, 2003. "Urban evolution in the USA," Journal of Economic Geography, Oxford University Press, vol. 3(4), pages 343-372, October.
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  10. Koen Frenken & Frank G. van Oort & Thijs Verburg & Ron A. Boschma, 2004. "Variety and regional economic growth in the Netherlands," Papers in Evolutionary Economic Geography (PEEG) 0502, Utrecht University, Section of Economic Geography, revised Dec 2004. [Downloadable!]
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  19. Martin, Ron, 1999. "The New 'Geographical Turn' in Economics: Some Critical Reflections," Cambridge Journal of Economics, Oxford University Press, vol. 23(1), pages 65-91, January.
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  21. Henderson, J. Vernon, 2003. "Marshall's scale economies," Journal of Urban Economics, Elsevier, vol. 53(1), pages 1-28, January. [Downloadable!] (restricted)
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  22. Michael Kitson & Ron Martin & Peter Tyler, 2004. "Regional Competitiveness: An Elusive yet Key Concept?," Regional Studies, Taylor and Francis Journals, vol. 38(9), pages 991-999, January. [Downloadable!] (restricted)
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  27. Gernot Grabher, David Stark, 1997. "Organizing Diversity: Evolutionary Theory, Network Analysis and Postsocialism," Regional Studies, Taylor and Francis Journals, vol. 31(5), pages 533-544, July. [Downloadable!] (restricted)
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  30. Ron Boschma, 2004. "Competitiveness of Regions from an Evolutionary Perspective," Regional Studies, Taylor and Francis Journals, vol. 38(9), pages 1001-1014, January. [Downloadable!] (restricted)
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  33. John Lovering, 1999. "Theory Led by Policy: The Inadequacies of the 'New Regionalism' (Illustrated from the Case of Wales)," International Journal of Urban and Regional Research, Blackwell Publishing, vol. 23(2), pages 379-395, 06. [Downloadable!] (restricted)
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  35. Ellison, Glenn & Glaeser, Edward L, 1997. "Geographic Concentration in U.S. Manufacturing Industries: A Dartboard Approach," Journal of Political Economy, University of Chicago Press, vol. 105(5), pages 889-927, October.
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  36. Siddharth Chandra, 2003. "Regional Economy Size and the Growth-Instability Frontier: Evidence from Europe," Journal of Regional Science, Blackwell Publishing, vol. 43(1), pages 95-122. [Downloadable!] (restricted)
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